Prop Firm

True Forex Funds Review

True Forex Funds Review

True Forex Funds is dedicated to supporting traders on their path to a prosperous trading career. The main goal is to grant traders the autonomy to execute trades based on their own strategies, ensuring no meddling in their trading tactics. Participants are provided with an opportunity to achieve substantial returns by managing accounts up to $200,000 and keeping 80% of the profits they make. This prospect is accessible over various financial markets, including forex pairs, commodities, indices, stocks, and cryptocurrencies.

Basic information:

  • Participation cost: from $89 to $1098
  • Four Unique Funding Programs
  • Leverage up to 1:100
  • USD, EUR, and GBP Account Currencies
  • First Payout After 14 Days
  • Profit Share up to 80%
  • Available capital for management: from $25,000 to $200,000
  • No Minimum/Maximum Trading Day
  • First Payout After 8 Days
  • Overnight / Weekend Trading Allowed

Account size up to:

$200,000

Raiting 5.0

Funding Programs:

Standard Offer

Quick Funding

Timeless Funding

One-phase Funding

true forex found platform

Funding Program "Standard Offer"

True Forex Funds Standard Offer equips traders with the capacity to oversee accounts ranging between $10,000 and $200,000. Its primary goal is to discover and nurture traders who demonstrate consistent profitability and adept risk management over a dual-phase evaluation process. Participants in the Standard Offer have the advantage of trading with leverage up to 1:100 and the choice of funding their account in USD, EUR, or GBP.

In the first evaluation stage, traders are tasked with achieving an 8% profit margin while adhering to a 5% maximum daily loss and a 10% overall loss limit. A crucial note is that traders have a 30-day period to meet the profit criteria during this phase and must trade on at least 5 different days to progress to the next stage.

In the second assessment phase, the loss limits are the same as in the first stage, but the profit goal is lower, set at 5%. Participants have a 60-day window to reach this target and are required to trade on at least 5 different days to progress to a fully funded account.

Once both stages are successfully navigated, traders are granted access to a funded account, which comes without any restrictions on minimum withdrawals. They must adhere to the daily loss limit of 5% and a total loss cap of 8%. The first payout is scheduled 14 days following the initial trade on the funded account, followed by opportunities for bi-weekly withdrawals thereafter. The profit share is computed as 80% of the earnings accrued in the funded account.

Scaling Plan for Standard Offer

The Basic Package comes with a growth strategy that incentivizes sustained profitability. Traders who demonstrate a profitable performance for three months, achieving an average return of 8% and completing a minimum of three successful withdrawals, are eligible for a 25% boost in their initial account balance.

Consider the following examples:

  • An eligible $100,000 account increases to $125,000 after a three-month period.
  • Then, after an additional three months, an eligible account of $125,000 rises to $150,000.
  • Following that, an eligible $150,000 account grows to $175,000 over the subsequent three months.
  • The expansion continues according to this sequence.

Standard Offer rules

  • Profit Objective: Traders are required to achieve a predetermined profit percentage to complete an evaluation stage, withdraw earnings, or increase their account size. The initial stage requires an 8% profit, followed by a 5% profit in the subsequent stage. Funded accounts do not have specified profit objectives.
  • Daily Loss Limit: This sets the maximum amount a trader can lose in one day without jeopardizing the account. A 5% daily loss limit is imposed on all accounts.
  • Overall Loss Cap: This is the total loss limit a trader is allowed before the account is considered breached. There's a 10% loss cap for all accounts.
  • Required Trading Days: A specific number of trading days must be met to successfully clear an evaluation stage. Both stages require at least 5 trading days.
  • Trading Duration Limit: Traders have a set period to achieve their profit targets and conclude an evaluation phase. The first stage permits 30 calendar days, while the second stage allows for 60 calendar days.

Funding Program "Quick Funding"

True Forex Funds Rapid Funding program gives traders the opportunity to manage accounts ranging from $10,000 to $200,000. The aim is to identify and nurture adept traders who can demonstrate consistent profitability while managing risks through a two-step evaluation process. Rapid Funding allows trading with up to 1:100 leverage and offers the flexibility to capitalize accounts in USD, EUR, or GBP.

In the initial evaluation stage, traders are required to meet an 8% profit target while adhering to the 5% maximum daily loss and 10% overall loss limits. Notably, traders are given a 30-day period to reach this profit target in the first stage, without a mandatory minimum number of trading days to progress to the subsequent stage.

In the following evaluation stage, traders are required to achieve a 5% profit aim while complying with the established daily and cumulative loss restrictions. During this period, traders are allotted 60 days to meet the profit objective, with no mandatory minimum number of trading days needed to progress to a fully funded account.

Once both stages are completed successfully, traders are awarded a funded account with no restrictions on the minimum amount that can be withdrawn. Adherence to the 5% maximum daily loss and 8% total loss limits is crucial. The first withdrawal opportunity is presented 14 days after initiating the first trade on the funded account, followed by the possibility of bi-weekly withdrawal requests. Profits are divided, with the trader receiving 80% of the earnings.

Quick Funding Scaling Strategy

Rapid Funding incorporates a growth plan as well. When a trader shows consistent profits over a three-month duration, achieving an average return of 8% and making at least three successful withdrawals during this time, they qualify for a 25% increment in their starting account value.

For instance:

  • After 3 Months: An eligible account of $100,000 increases to $125,000.
    Subsequent 3 Months: An eligible account of $125,000 enhances to $150,000.
  • Another 3 Months Later: An eligible account of $150,000 advances to $175,000.
  • This scaling mechanism proceeds in this manner.

Quick Funding Trading Rules

  • Profit Objective: Traders must hit a specific profit percentage to successfully pass an evaluation stage, cash out earnings, or increase their trading size. The first stage necessitates an 8% profit, and the second stage has a 5% target. Funded accounts aren't subject to defined profit objectives.
  • Daily Loss Ceiling: This is the maximum loss a trader can sustain in a day without the account being invalidated, maintained at 5% across all account types.\
  • Total Loss Limit: This marks the maximum cumulative loss a trader is allowed before the account is considered compromised, consistently set at 10% for all accounts.
  • Trading Duration Cap: This indicates the maximum time traders have to achieve their profit objectives and complete an evaluation phase. The first phase is limited to 30 calendar days, while the second phase gives up to 60 calendar days.

Funding Program "Timeless Funding"

True Forex Funds Eternal Funding presents traders the opportunity to manage accounts ranging from $10,000 to $200,000. The aim is to identify and aid traders capable of consistently producing profits while skillfully managing risks through a two-stage evaluation process. Eternal Funding offers the benefit of trading with up to 1:100 leverage and the choice to capitalize accounts in USD, EUR, or GBP.

In the initial evaluation stage, traders are required to reach an 8% profit target while staying within a 5% maximum daily loss and a 10% total loss threshold. Notably, this phase does not impose a maximum limit on the number of trading days. Nonetheless, traders are required to participate in trading for a minimum of five days to progress to the subsequent phase.

In the subsequent evaluation phase, traders must achieve a 5% profit, while adhering to the same daily and overall loss restrictions. This phase also does not limit the number of trading days, but requires a minimum of five days of trading to qualify for a fully funded account.

After successfully completing both evaluation phases, traders gain access to a funded account with no limits on withdrawals. Traders must comply with the 5% maximum daily loss and 10% total loss guidelines. The first opportunity to withdraw profits comes 14 days after the initial trade on the funded account, followed by bi-weekly withdrawal chances. Traders receive an 80% share of the profits made on the funded account.

Scaling Strategy for Timeless Funding

Eternal Funding integrates a growth plan to incentivize sustained success. Traders who show profitability over a recent three-month period, achieving an average return of 8% during this time and making a minimum of three successful withdrawals, are eligible for a 25% increase in their starting account value.

For example:

  • Post 3 Months: A qualifying $100,000 account inflates to $125,000.
  • Subsequent 3 Months: A qualifying $125,000 account enlarges to $150,000.
  • Following an Additional 3 Months: A qualifying $150,000 account climbs to $175,000.
  • This progression pattern continues accordingly.

Trading Regulations & Objectives for Timeless Funding

  • Profit Objective: Traders must reach a certain profit threshold to effectively complete an evaluation stage, cash out profits, or expand their trading scope. An 8% profit is targeted for Phase 1, whereas a 5% profit is required for Phase 2. There are no fixed profit goals for funded accounts.
  • Daily Loss Limit: This specifies the maximum loss a trader is allowed in a single day without jeopardizing the account, fixed at 5% across all account types.
  • Overall Loss Ceiling: This refers to the cumulative loss limit a trader is permitted before the account is deemed violated, maintained at 10% for all accounts.
  • Required Trading Days: To successfully finish an evaluation stage, traders must engage in trading for a specified number of days. Both phases necessitate a minimum of 5 days of trading.

Funding Program "One-phase Funding"

True Forex Funds One-step Funding gives traders the opportunity to handle accounts ranging from $10,000 to $200,000. The goal is to identify and assist disciplined traders who demonstrate profitability and adept risk management within a single assessment period. One-step Funding allows trading with up to 1:30 leverage and provides the option to finance your account in USD, EUR, or GBP.

In the evaluation period, traders are tasked with reaching a 10% profit target while adhering to a 3% maximum daily loss and 6% total loss limit. Importantly, traders are given a 30-day timeframe to achieve this profit goal in this phase and must engage in trading for at least five days to progress to a funded account.

After successfully navigating the evaluation phase, traders are entitled to a funded account with no restrictions on the minimum amount that can be withdrawn. Traders are required to comply with the 3% maximum daily loss and 6% overall loss rules. The first chance to withdraw profits is presented 14 days following the initial trade on the funded account, followed by opportunities for bi-weekly withdrawals. The profit share is allocated at 80% of the profits made on the funded account.

Scaling Strategy for One-phase Funding

One-step Funding features a growth strategy to recognize and reward sustained success. Traders who exhibit consistent profitability across a three-month span, achieving an average 8% return in this period and making at least three successful withdrawals, become eligible for a 25% boost in their starting account balance.

For instance:

  • After 3 Months: A qualifying $100,000 account advances to $125,000.
  • Subsequent 3 Months: A qualifying $125,000 account rises to $150,000.
  • After Another 3 Months: A qualifying $150,000 account expands to $175,000.
  • This pattern of scaling continues in the same manner.

One-phase Rules

  • Profit Objective: Traders must achieve a certain profit threshold to effectively finalize the evaluation stage, cash out earnings, or expand their trading scope. The profit target for the evaluation stage is determined to be 10%. Funded accounts do not have designated profit goals.
  • Daily Loss Limit: This specifies the maximum loss a trader is allowed in a single day without jeopardizing the account, fixed at 3% for all account types.
  • Overall Loss Ceiling: This refers to the cumulative loss limit a trader is permitted before the account is deemed violated, maintained at 6% for all accounts.
  • Required Trading Days: To successfully finish the evaluation stage, traders must engage in trading for a specified number of days. A minimum of 5 days of trading is necessitated.
  • Trading Duration Cap: This indicates the maximum time traders have to achieve their profit objectives and complete the evaluation stage, established at 30 calendar days.

Is Securing Capital from True Forex Funds Feasible?

Evaluating the viability of trading prerequisites is crucial when choosing proprietary trading firms that align with your forex trading style. The prospect of an attractive profit share from a well-capitalized account may be appealing, but it becomes less practical if the firm sets ambitious monthly profit targets along with strict maximum drawdown limits, significantly reducing the likelihood of success. Additionally, it's essential to examine time constraints, as a flexible trading timeframe is preferred to alleviate the stress associated with deadlines. It's also critical to fully understand all trading rules in both the evaluation and funded phases to prevent any inadvertent violations of your trading agreement.

  • Accessing funds from the Standard Offer is achievable, mainly due to its achievable profit goals (8% in phase one and 5% in phase two) and typical maximum loss rules (5% daily and 10% overall maximum loss). Importantly, there's a defined trading period of 30 calendar days for phase one and 60 days for phase two, with at least 5 trading days required. Furthermore, after successfully clearing both evaluation phases, traders qualify for payouts with a substantial 80% profit share.
  • Obtaining funds via Quick Funding is attainable, primarily because of its realistic profit targets (8% in phase one and 5% in phase two) and usual maximum loss guidelines (5% daily and 10% overall maximum loss). It's important to note the trading period limit of 30 days in phase one and 60 days in phase two, with no compulsory minimum trading days. Additionally, successful completion of both stages allows traders access to payouts with a beneficial 80% profit share.
  • Acquiring capital through Timeless Funding is plausible, mainly due to its moderate profit objectives (8% in phase one and 5% in phase two) coupled with standard maximum loss parameters (5% daily and 10% overall maximum loss). This option uniquely doesn't impose a maximum on trading days but does require at least 5 trading days. Successful navigation of both phases leads to payouts with an 80% profit share.
  • Securing funds via Single-phase Funding is practical, particularly with its reasonable 10% profit aim and standard loss limits (3% daily and 6% overall maximum loss). This method has a 30-day trading limit and requires a minimum of 5 trading days. Completing the evaluation phase successfully makes traders eligible for payouts with an 80% profit share.
  • After careful consideration of all factors, True Forex Funds is highly recommended for its four diverse funding programs, offering both dual and single assessment stages, all with achievable trading objectives and conditions for earning payouts.

Proof of Payout

True Forex Funds, a proprietary trading firm launched in October 2021, prides itself on a robust community of traders who have attained funded status and qualify for a portion of the profits.

Once you achieve funded status through True Forex Funds' Standard Offer, Quick Funding, Timeless Funding, or One-phase Funding, you are on track to receive your first payout after 14 days. Future payouts are accessible every two weeks, assuming your account exceeds its initial size. You have the potential to gain a lucrative 80% of the profits made on your funded account.

If you're looking for validation of True Forex Funds' payout claims, a wealth of testimonials and records are available online. Sites like Trustpilot host reviews from traders discussing their experiences and payout achievements with the company. Furthermore, True Forex Funds' YouTube and Discord channels act as hubs for various payout certificates, illustrating the triumphs of numerous traders.

Below are images showcasing examples of payout certificates and evidence of payments.